Registration statement for securities issued by foreign private issuers in certain business combination transactions

Cash and Cash Equivalents

v3.22.1
Cash and Cash Equivalents
3 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Cash and Cash Equivalents    
Cash and Cash Equivalents

10.Cash and Cash Equivalents

The components of cash and cash equivalents are reflected in the table below:

As of

March 31, 2022

December 31, 2021

    

$’000

    

$’000

Cash in hand and at banks

 

274,978

 

262,276

Short term investment funds

 

 

Restricted cash

 

 

305

 

274,978

 

262,581

The Group’s short term investment funds are highly liquid, redeemable within 90 days at a known amount of cash and are subject to an insignificant risk of change in value and therefore meet the definition of a cash equivalent.

24.Cash and Cash Equivalents

The components of cash and cash equivalents are reflected in the table below:

As of December 31,

2021

2020

$’000

$’000

Cash in hand and at banks

    

262,276

    

97,757

Short term investment funds

 

 

4,000

Restricted cash

 

305

 

 

262,581

 

101,757

The Group’s short term investment funds are highly liquid, redeemable within 90 days at a known amount of cash and are subject to an insignificant risk of change in value and therefore meet the definition of a cash equivalent.